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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 230.95

+1.3%

11:09 AM EST

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To: Bill Harmond who wrote (63620)	6/21/1999 8:03:00 PM
From: X Y Zebra	Read Replies (1) of 164684

Competition for the Amazon ? Wit Capital has initiated coverage of barnesandnoble.com Inc. with a Buy. (need Acrobat) witcapital.com * We view the distribution of proprietary intellectual property as perhaps the most efficient function of the modern Internet. * We believe that barnesandnoble.com's relationship with Barnes & Noble and Bertelsmann provides the company with inherent advantages over strictly online booksellers. * We believe that by having a recognizable brand name and by providing users with dynamic content offerings, an easy-to-use Web interface, competitive prices, timely delivery, reliable service and superior customer support, barnesandnoble.com should be able to create and foster an online environment attractive to book enthusiasts. * By leveraging the ubiquity of the Internet and by creating a dedicated and distinguished community and e-commerce platform for book buyers, we believe that investors should benefit as the barnesandnoble.com solution becomes more broadly deployed. * We are initiating coverage of barnesandnoble.com's common shares with a BUY rating.

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